BTC stands for Bitcoin, the first and most well-known cryptocurrency. Created in 2009 by an anonymous person or group using the name Satoshi Nakamoto, Bitcoin was designed as a decentralized alternative to traditional currencies.Bitcoin operates on a peer-to-peer network where transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. This technology ensures security and transparency while eliminating the need for a central authority like a bank.Users can buy, sell, or trade Bitcoin through various exchanges. Transactions are typically fast and can be made across borders without hefty fees associated with traditional banking. Bitcoin is often viewed as a store of value, similar to gold, due to its limited supply of 21 million coins.Over the years, Bitcoin has gained popularity as an investment and a medium of exchange, influencing the creation of thousands of other cryptocurrencies. Its volatility, potential for high returns, and use in various applications contribute to its significant role in finance today.